Receive USD Payments in Canada
If your clients pay you in USD, your bank quietly takes 1.5–3% every time you convert to CAD. CurrencyMate gives Canadian businesses a better path to receive USD and convert to CAD at competitive institutional rates, with same-day settlement.
Who this is for
- Consulting and professional services firms with US clients
- SaaS and tech companies billing customers in USD
- Exporters shipping product to the United States
- Agencies, studios and freelancers with recurring US retainers
How it works
- Receive the USD payment from your US client as usual
- Speak with your dedicated dealer and book the CAD conversion
- CAD settles to your Canadian business account same-day or next business day
- No hidden markups on the exchange rate
What this can save
On $500,000 of annual USD revenue, the difference between a typical bank conversion and CurrencyMate’s institutional pricing can be up to $15,000 per year. The exact saving depends on the currency pair, size, and the bank being compared.